Answer completely following questions

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Answer completely following questions
Why do state and local governments go into debt? What is a municipal bond…

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Answer completely following questions

Answer completely following questions

A+ PA 581 Final Exam

(TCO F) Answer completely all of the following questions: Why do state and local governments go into debt? What is a municipal bond? How does a municipal bond differ from a corporate bond? What is Net Interest Cost (NIC) and how does it differ from True Interest Cost (TIC)? What role does TIC play in governmental capital project financing?

Based on our class discussion it is difficult to pinpoint the reason as to why the state and local governments go into debt.  Many factors play rolls in their decision making, for example, taking into account…